Better than before, but still insufficient: The cities run their companies so badly
A new study quantifies the value of city businesses and how, or how little, they are controlled.
How well are municipal operations such as waste disposal managed?
There is a lot of money at stake, a lot in fact: the value of the public companies owned by the cities is more than 9 billion Swiss francs. That means: This is how high the added administrative assets of all municipal electricity plants, waste incineration plants, bus companies and nursing homes are owned by the city. “And that’s a cautious, rather conservative estimate,” says Roger Sonderegger, an expert on governance issues at state-owned companies.
2023-05-01 03:06:18
#study #cities #run #businesses
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